China state media condemn U.S. tariffs, leave room for negotiation

By REUTERS
June 16, 2018 07:01
1 minute read.
Breaking news

Breaking news. (photo credit: JPOST STAFF)

 
X

Dear Reader,
As you can imagine, more people are reading The Jerusalem Post than ever before. Nevertheless, traditional business models are no longer sustainable and high-quality publications, like ours, are being forced to look for new ways to keep going. Unlike many other news organizations, we have not put up a paywall. We want to keep our journalism open and accessible and be able to keep providing you with news and analysis from the frontlines of Israel, the Middle East and the Jewish World.

As one of our loyal readers, we ask you to be our partner.

For $5 a month you will receive access to the following:

  • A user experience almost completely free of ads
  • Access to our Premium Section
  • Content from the award-winning Jerusalem Report and our monthly magazine to learn Hebrew - Ivrit
  • A brand new ePaper featuring the daily newspaper as it appears in print in Israel

Help us grow and continue telling Israel’s story to the world.

Thank you,

Ronit Hasin-Hochman, CEO, Jerusalem Post Group
Yaakov Katz, Editor-in-Chief

UPGRADE YOUR JPOST EXPERIENCE FOR 5$ PER MONTH Show me later

SHANGHAI - China responded forcefully in state media on Saturday after the administration of US President Donald Trump said it would impose tariffs on $50 billion of Chinese imports, but some commentary left room for further negotiations.

Late on Friday, China said it would impose additional 25 percent tariffs on 659 US goods worth $50 billion, in response to the US imposition of tariffs."The wise man builds bridges, the fool builds walls," the official Xinhua news agency said in an editorial, echoing official comments that China would defend its interests in a trade war.

"Following the path of expanding and opening up is China's best response to the trade dispute between China and the United States, and is also the responsibility that major countries should have to the world," it added.



An editorial in the ruling Communist Party's official People's Daily condemned what it called the Trump administration's "obsession with playing the disgraceful role of global economic disruptor."

It added, "There is no winner in a trade war, and the US instigation of a trade war is extremely destructive to global trade, economic globalization, multilateral trade systems and global production supply chains.

"The whole world will be picking up the bill for the mistaken acts of US unilateralism."

Join Jerusalem Post Premium Plus now for just $5 and upgrade your experience with an ads-free website and exclusive content. Click here>>

Related Content

Breaking news
February 17, 2019
Iran's foreign minister says risk of war with Israel is 'great'

By JERUSALEM POST STAFF